People walk past an office of SoftBank Group in Tokyo. Agence France-Presse
Japan’s SoftBank Group Corporation is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetise its almost $100 billion Vision Fund through an IPO. SoftBank is considering taking the Saudi-backed investment fund public,
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corporation, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and sliding valuations of other major investments,
MAG Development, the real estate arm of the Mag Holding Group, has announced the laying of the foundation stone for the ‘Mag City’ project, located in the city of Mohammed Bin Rashid in the Meydan District 7.
The Khalifa Fund for Enterprise Development (KFED) has announced plans to conduct a foresight study aimed at providing a long-term look at the prospective challenges and opportunities of entrepreneurship
US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing.